By Steven Mikulan
Funk-music pioneer Sly Stone is suing former manager Jerry Goldstein for $50 million in damages, charging him with fraud, breach of contract and fiduciary duty, and diverting and misappropriating his royalties and assets.
The lawsuit, filed in Los Angeles Thursday by attorney Robert J. Allan, alleges the malfeasance occurred over a 20-year period.
Allan told TheWrap that in 1989 Stone signed what he believed was a contract with Goldstein that made Goldstein his manag...
Funk-music pioneer Sly Stone is suing former manager Jerry Goldstein for $50 million in damages, charging him with fraud, breach of contract and fiduciary duty, and diverting and misappropriating his royalties and assets.
The lawsuit, filed in Los Angeles Thursday by attorney Robert J. Allan, alleges the malfeasance occurred over a 20-year period.
Allan told TheWrap that in 1989 Stone signed what he believed was a contract with Goldstein that made Goldstein his manag...
- 1/28/2010
- by Steven Mikulan
- The Wrap
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